Oil ends below the day's highs as panic eases over Israel's retaliation against Iran
Oil prices on Friday pared much of their overnight gains to settle with a more modest rise as "calmer heads" prevailed after an apparent retaliatory attack by Israel on Iran.
SLB Tops Revenue Expectations on International Strength
The oil-services company reports adjusted first-quarter earnings of 75 cents a share on revenue of $8.71 billion.
Water Facilities Warned to Improve Cybersecurity as Nation-State Hackers Pounce
The water sector is under pressure to improve cybersecurity protections as hacking threats grow.
The Push to Store Renewable Energy in Massive Salt Caverns
Renewable power is used to produce hydrogen, which is stored in underground caverns until it is needed for green energy.
Energy & Utilities Roundup: Market Talk
Gain insight on Parkland, BP, Nel and more in the latest Market Talks covering Energy and Utilities.
Woodside Revenue Falls on Lower Prices, Volumes
Woodside Energy said weaker output and lower realized prices for its oil and natural gas drove a drop in sales revenue in its latest quarter.
BP to Simplify Structure, Trim Leadership Team
BP said the changes are part of a plan to turn it into an integrated energy company and invest more in low-carbon activities.
Santos's Oil, Natural Gas Output Fell 7% in First-Quarter
Santos said its oil and natural gas production fell by 7% in its latest quarter, after its operations were disrupted by bad weather and planned maintenance.
U.S. Says Oil Companies in Venezuela Can Still Operate Despite Regime Oppression
Companies that entered Venezuela after U.S. lifted sanctions must apply for licenses on a case-by-case basis to remain in the country.
U.S. Crude Oil Supplies Rise More Than Expected
Weekly commercial crude storage grew by 2.7 million barrels to 460 million barrels, while analysts predicted an increase of 600,00 barrels.
(END) Dow Jones Newswires
04-19-24 1615ET
